The intraday market touched near 37780 in the early hours of yesterday, and then continued to fluctuate downward. Although we entered the market with long positions at a low level, the rapid downward probe in the evening also swept away our long positions. Due to the impact of the news, the short positions did not have a better continuation. We promptly handled the situation and led our friends to enter long positions near 36400 and 1956 again. The market performed as expected without any surprises, and we decisively advised to exit and secure profits near 37190 and 1998. We gained nearly 800 points in the cryptocurrency market and over 40 points in Ethereum, recovering the losses and making a significant profit.

From the 4-hour chart, after breaking through the lower support, there are signs of a halt in the decline. Currently, the price is running at the middle rail, and the KDJ indicator lines are also rising, with the bulls gathering momentum for the next rise. Looking at the hourly chart, after a series of retracements, the price has shown strong recovery, forming a pattern of two consecutive bullish candles. The bulls are gathering momentum to recover the lost ground, relying on the support below. On the short-term 15-minute chart, the price is rising with all three KDJ indicator lines pointing upward. The green bearish energy column has decreased, while the red bullish energy column is increasing. In the short term, the direction is mainly bullish with slight fluctuations relying on the support below.

Direct long positions can be taken for Bitcoin at 36900-37000 at midnight, with a target of 37800. For Ethereum, direct long positions can be taken at 1990-2000, with a target of 2050.

You can follow the public account: "Shanhe Brother's Coin Analysis". Real-time guidance and welfare strategies.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。